In today’s fast paced world where every industry is being disrupted by technology, the IT manager is the one usually stuck between a rock and hard place when it comes to making the necessary improvements within the department which will inevitably affect the rest of the organisation. Many a time, this decision would be a make or break scenario for the business. Investing in the right technology, at the right time, with the right approach to market is the modern age greatest balancing act for any business.
So too it is with the Financial and Banking Industries.
The banking industry is making headway in leaps and bounds when in comes to technological advances. And one reason for that is the improvements to its data centre, particularly in data storage. With the shift to flash, more and more banks are seeing the advantages that flash can give them in terms of faster and more efficient power management and availability, as well as reduced IT costs. In fact, these days it is no longer an option. Companies in the financial services industry are under increasing pressure to transition to a next-gen data centre in order to compete in the digital world effectively.